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Supply Chains in Crisis: Page 77
UN Security Council Demands End to Red Sea Houthi Attacks
The resolution also called on the Houthis to release the Galaxy Leader, a Japanese-operated car carrier linked to an Israeli businessman that was commandeered by the group November 19.
Container Fleet Headed for Over-Capacity When Red Sea Situation Resolves
BIMCO says record deliveries could push container fleet above 30 million TEU in 2024, with another 3 million TEU scheduled to be delivered 2025-2026.
Toyota Motor Restarts Japanese Operations After Earthquake
Company president Koji Sato said Toyota is attempting to determine how its supply chain would be affected after suppliers Sumitomo Electric and Aisin suffered damage during the quake.
Loose Parts Discovered on Boeing MAX 737 9 Jets
The bolts designed to keep the plug from moving off the spots were missing, said NTSB investigators, who are trying to determine if the equipment was ever installed.
Germany Sticks to Subsidy Cuts as Farmer Protests Block Roads
Scholz defended the farmers’ right to protest, but warned about efforts by far-right groups to hijack demonstrations and destabilize the country.
Commercial Suez Canal Traffic Down Almost 60% Since Houthi Attacks Began
Since the Houthi attacks began, an estimated 181 vessels have been rerouted around Africa, while another 26 ships are opting to drift
U.S.-Led Military Coalition Issues Final Warning to Houthis
Some potential targets of the coalition's attacks could include launchers for anti-ship missiles and drones, as well as storage facilities for ammunition.
Maersk Again Pauses Red Sea Operations After Houthi Attack
The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.
Cargo Ship Damaged by Russian Mine in Black Sea, Ukraine Says
Russia says it regards all cargo ships in the Black Sea bound for Ukraine as potential military targets, and mines remain a constant threat.
Hapag-Lloyd Says Red Sea Route Still Too Dangerous
By contrast, both Maersk and CMA CGM said they were devising plans to gradually increase the number of ships they send through the Suez Canal.
Toyota Subsidiary Shuts Down Factories for Safety Test Investigation
The shutdown comes about a week after Daihatsu said it was suspending all vehicle shipments after it was found that the organization used improper testing for 64 vehicle models.
A Unified Approach to Combating Modern Slavery in Supply Chains
Although the global business community has been confronting modern slavery for years, it hasn’t been able to slow its rise. But there is an opportunity for that to change.
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